Stamp Duty Calculator

Stamp duty is one of the an upfront costs when purchasing property in Singapore, and it is payable in cash within 14 days of signing your Sale & Purchase Agreement, separately from your downpayment and progressive payment schedule.

There are two components. Buyer's Stamp Duty (BSD) applies to every property purchase regardless of nationality or how many properties you own. It is calculated on a progressive scale from 1% to 6% of the purchase price, with higher rates kicking in above S$1.5 million. For a S$2,000,000 property, BSD alone is S$64,600.

Additional Buyer's Stamp Duty (ABSD) is where buyer profile matters significantly. Singapore Citizens buying their first home pay 0% ABSD. But a second property attracts 20%, Permanent Residents pay 5% on their first and 30% on their second, and foreigners face 60% on any residential purchase. These rates took effect on 27 April 2023 and apply to Vela Bay.

The practical impact is substantial. A PR buying their first S$2,000,000 unit pays S$164,600 in total stamp duties. A Singapore Citizen buying a second property at the same price pays S$464,600. These are cash amounts due before you even begin your progressive payment schedule.

Use the calculator below to see the exact BSD and ABSD for your purchase price and buyer profile.